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Sold for $1,500,000
  • $1,500,000

    1524 Bergen St, Brooklyn, NY 11213

    6beds
    3,572sqft
    MultiFamily
    Built in 1899
    -- sqft lot
    $1,721,300 Zestimate®
    $420/sqft
    $4,424 Estimated rent

    Home value

    $1,721,300

    $1.55M - $1.93M

    $4,424/mo

    Zestimate® history
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    $4,424/mo

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    Rent Zestimate®

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    $8,824/mo

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    $8,824/mo

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    What's special

    Reyes & Elsamad is proud to present the sale of 1524 Bergen Street. This property offers a great opportunity to own a Fully Occupied, free market 2 family over a retail space situated on a beautiful tree lined block in popular Crown Heights. Located on Bergen Street between Schenectady and Utica Ave, this property also offers quick access onto the A-C Train lines. This three story property was recently renovated in 2016 and has a total building square footage of 3,572 sitting on a lot of 19.5 x 56. Each apartment offers tenants 3 bedrooms and 2 full bathrooms, along with central air conditioning and modern kitchens. This property does not need renovations as each unit was redone with quality. Aside from the two apartments currently generating $2600 a month each, you have a successful Asian Fusion restaurant on the ground floor generating $4800 a month for an additional 9 years. The property will be a great addition to any savvy investor looking for high caps in Brooklyn.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 5
    • Full bathrooms: 4
    • 1/2 bathrooms: 1
    Heating
    • Forced air
    Cooling
    • Central
    Appliances
    • Included: Dryer, Range / Oven, Refrigerator
    Interior area
    • Total interior livable area: 3,572 sqft

    Property

    Lot
    • Size: 1,084 Square Feet
    Details
    • Parcel number: 013540014

    Construction

    Type & style
    • Home type: MultiFamily
    Condition
    • Year built: 1899

    Community & HOA

    Location
    • Region: Brooklyn

    Financial & listing details

    • Price per square foot: $420/sqft
    • Tax assessed value: $1,453,000
    • Annual tax amount: $6,525

    Price history

    DateEventPrice
    10/13/2023Sold$1,500,000-9.1%$420/sqft
    Source: Public Record Report a problem
    11/27/2018Listing removed$1,650,000$462/sqft
    Source: Reyes & Elsamad Real Estate Group Report a problem
    10/22/2018Price change$1,650,000-2.4%$462/sqft
    Source: Reyes & Elsamad Real Estate Group Report a problem
    9/3/2018Listed for sale$1,690,000+168.9%$473/sqft
    Source: Reyes & Elsamad Real Estate Group Report a problem
    7/9/2016Listing removed$2,499+4.1%$1/sqft
    Source: A to Z Brooklyn Realty Report a problem
    7/3/2015Listing removed$2,400$1/sqft
    Source: Ideal Propeprties Group Report a problem
    6/16/2015Price change$2,400-5.9%$1/sqft
    Source: Ideal Propeprties Group Report a problem
    4/28/2015Listed for rent$2,550+34.2%$1/sqft
    Source: Ideal Properties Group Report a problem
    3/20/2015Sold$628,452-0.2%$176/sqft
    Source: Public Record Report a problem
    1/16/2015Listed for sale$630,000+137.7%$176/sqft
    Source: bah realty group Report a problem
    12/22/2014Sold$265,000-23.1%$74/sqft
    Source: Public Record Report a problem
    10/10/2013Listing removed$1,900$1/sqft
    Source: bmurrayrapid Report a problem
    7/11/2013Listed for rent$1,900$1/sqft
    Source: Joshua Richardson Report a problem
    11/30/2010Sold$344,500-13.7%$96/sqft
    Source: Public Record Report a problem
    6/23/2010Listing removed$399,000$112/sqft
    Source: EXIT ALL SEASONS REALTY #346419 Report a problem
    5/23/2010Listed for sale$399,000$112/sqft
    Source: EXIT ALL SEASONS REALTY #346419 Report a problem
    3/19/2010Listing removed$399,000$112/sqft
    Source: Exit All Seasons Realty #346419 Report a problem
    2/20/2010Listed for sale$399,000$112/sqft
    Source: EXIT ALL SEASONS REALTY #346419 Report a problem
    12/19/2009Listing removed$399,000$112/sqft
    Source: EXIT ALL SEASONS REALTY #346419 Report a problem
    5/22/2009Price change$399,000-41.3%$112/sqft
    Source: EXIT ALL SEASONS REALTY #342587 Report a problem
    4/4/2009Listed for sale$680,000+3300%$190/sqft
    Source: EXIT ALL SEASONS REALTY #342587 Report a problem
    12/28/1999Sold$20,000$6/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$6,525 -0.9%$87,180 +7%
    2024$6,583 $81,480 -1.9%
    2023-- $83,100 +16.8%
    2022-- $71,160 +16.8%
    2021-- $60,900 +42%
    2020$2,625 +0.7%$42,900 +8.2%
    2019$2,606 +5.8%$39,660 +236.8%
    2018$2,463 +7.2%$11,775 +4.5%
    2017$2,297 +44.1%$11,267 +38.2%
    2016$1,594 $8,150 +0.2%
    2015$1,594 +62.4%$8,133 +0.9%
    2014$982 $8,060
    Find assessor info on the county website

    Neighborhood: Crown Heights

    Nearby schools

    GreatSchools rating